Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Horizon Capital Bank All Insured Commercial Banks in Texas
09-30-2005 20,000 51,577
06-30-2005 13,000 36,192
03-31-2005 7,000 18,345
12-31-2004 28,000 61,990
09-30-2004 21,000 44,669
06-30-2004 14,000 29,896
03-31-2004 7,000 15,928
12-31-2003 29,000 55,256
09-30-2003 22,000 44,068
06-30-2003 15,000 30,179
03-31-2003 7,000 15,921
12-31-2002 30,000 53,817